The board of directors at Phoenix-based OneAZ Credit Union has named Kim Reedy as successor to longtime CEO David Doss, who will retire early next year.
Reedy, who most recently served as EVP and chief financial officer, stood in as interim president and CEO earlier this year while Doss took a summer sabbatical, and in a press release the board credited Reedy’s 30 years of experience in the financial services industry with helping to “seamlessly continu[e] to advance OneAZ’s business objectives and building peace of mind for a leadership transition.”
The pair will work together until Doss retires in January.
Martha Rozen, chairperson for the credit union’s board, said, “There are few people who know the ins and outs of credit unions better than Kim. In recent months, he has more than demonstrated his ability to lead the entire operation. Kim has a strong vision for the future, and we are thrilled to have him at the helm. While we will truly miss Dave, we celebrate his legacy and well-earned retirement.”
For his part, Reedy credited Doss with having lured him to the credit union back in 1991.
“I had worked with him before, knew his philosophy and vision, and wanted to be part of it,” said Reedy.
Doss, Reedy and others on the executive team helped build OneAZ into what today is Arizona’s largest state-chartered credit union. The $2.15 billion-asset institution recorded $9.5 million in net income during the first three quarters of this year, a 22% decline from one year earlier.
“I wholly believe in OneAZ’s mission as my personal business philosophy: To truly improve the lives of our members, associates and the communities we serve. That’s what it’s all about,” Reedy said.
